717 Bat Cave Road , Old Fort, NC 28762

$1,200,000
  • 717 Bat Cave Road , Old Fort, NC 28762 Main Photo

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New to the Market Active
MLS#4356122
STATUSActive PROPERTY TYPECommercial - Business

Property Description

717 Bat Cave Road | Old Fort, North CarolinaMixed-Use Development & Investment Opportunity717 Bat Cave Road presents a rare investment and development opportunity in the rapidly growing community of Old Fort. Encompassing approximately 14 acres, this strategically positioned property offers a compelling blend of immediate income potential and long-term development upside.The front portion of the property along Bat Cave Road features level topography?ideal for commercial development?with exceptional visibility near Interstate 40. The site benefits from strong traffic exposure and proximity to established national retailers including Taco Bell, McDonald's, and Dollar General, as well as fuel stations and other service-oriented businesses. Its location near the I-40 interchange positions the property for high-visibility retail, hospitality, or service commercial uses.The rear acreage offers scenic mountain views and excellent potential for residential development. Three existing homes on the property are currently leased, providing immediate rental income. These structures may be maintained as income-producing assets, repositioned, or incorporated into a broader development plan.Old Fort is experiencing meaningful growth and revitalization driven by:Increased tourism and outdoor recreation activity along the Catawba River and Pisgah National ForestExpansion of mountain biking and trail systems attracting regional and national visitorsDowntown revitalization initiatives and infrastructure improvementsContinued residential migration to Western North CarolinaStrategic access to I-40, providing connectivity between Asheville, Marion, and the greater Western NC regionWith expanding commercial activity, residential demand, and tourism-driven economic growth, Old Fort is emerging as a prime location for forward-thinking investors and developers.Investment Highlights±14 acres with mixed-use potentialLevel commercial frontage along Bat Cave RoadInterstate 40 visibility and accessAdjacent to national retailersExisting rental income from three homesResidential development opportunity on rear acreageLocated in a high-growth Western North Carolina corridorWhether positioned as a long-term hold, a phased mixed-use project, or a fully integrated commercial and residential development, 717 Bat Cave Road offers flexibility, scale, and location?key ingredients for a successful investment in one of Western North Carolina's most promising growth markets.

717 Bat Cave Road | MLS# 4356122

This commercial property located at 717 Bat Cave Road , Old Fort, NC 28762 is currently listed for sale with an asking price of $1,200,000. Search Old Fort real estate on jenniferf.lakenormanrealty.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 14.00 Acres
Year Built: 1948

Feature Descriptions

Parcel#: 0659-11-55-8752

Listed By / Shown By

Listed By

Agency Name: GreyBeard Realty
Agency Contact: bill@greybeardrealty.com

Shown By

Agent Name: Jennifer Fragomeno
Agent Phone: Cell: (828) 812-7222
Agency Title: Lake Norman Realty

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